### A2 - Minimum profits charge (LAM07230)

| Adjusted I- E profit / excess BLAGAB expenses | Total | |-----------------------------------------------|-------| | I minus E profit | 530,096 | | Ignore minimum profits charge | (9,500) | | Add BLAGAB non-taxable distributions | 118,577 | | | 639,173 |

| Adjusted BLAGAB trade profit | 650,273 | | Less BLAGAB trade loss b/f | (1,600) | | | 648,673 |

| Minimum profits charge | (A1) 9,500 |

1 The minimum profits charge is carried forward to the next accounting period as an excess management expense.